OM:SMCRTSoftware
SmartCraft Group (OM:SMCRT) Can Recurring Revenue Outrun Its Margin Squeeze?
SmartCraft Group heads into the post earnings session with a stock that has drifted over the past quarter, down about 8% over 90 days and roughly flat over 30 days, even as the business quietly added more subscription heft. The headline from Q2 is clear: annual recurring revenue reached SEK 514m with organic growth of 6.8%, and total recurring revenue now represents 96% of sales.
The market has treated SmartCraft like a mildly volatile software stock with a premium P/E. The question now is...